Tag: gasoline

Gasoline prices to increase by 25 centavos per liter, while price cuts seen in diesel, kerosene

(Eagle News) – Gasoline prices will increase in several gasoline stations by 25 centavos per liter starting Tuesday, according to separate advisories issued by oil firms. While the pump prices of gasoline will rise, diesel and kerosene will have price cuts. Pilipinas Shell Petroleum Corp., Petro Gazz, PTT Philippines Corp., Eastern Petroleum Corp., TOTAL (Philippines) Inc., Phoenix Petroleum Philippines Inc., SEAOIL Philippines Inc. and Chevron Philippines Inc. (Caltex) all issued separate advisories about increasing their […]

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Economic managers withdraw recommendation to suspend hike in excise taxes on petroleum products

(Eagle News) — The country’s economic managers have withdrawn their recommendation to suspend the implementation of the second round of increase in the excise taxes of petroleum products under the Tax Reform for Acceleration and Inclusion Law. Finance Secretary Carlos Dominguez and Budget Secretary Ben Diokno made the announcement in a press conference on Thursday, Nov. 29. According to Dominguez, the decision to push through with the increase was arrived at by the Development Budget Coordination […]

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Oil firms implement 7th consecutive price rollback

(Eagle News) – Today and tomorrow, oil firms implement its seventh price rollback on petroleum products as global crude prices continued to go down. The prices of diesel were reduced by as much as P2.20 to P2.30 per liter, while that of gasoline were cut by P1.10 per liter. The price of kerosene, on the other hand, was reduced by a hefty P2.10 a liter. Phoenix Petroleum led the price cuts adjusting their prices as […]

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Big oil firms implement price rollback; gasoline slashed by P1/liter; diesel cut by 90 centavos/liter

  (Eagle News) — Big oil firms again rolled back their petroleum prices effective 6 a.m. today, Tuesday, Nov. 6, slashing gasoline prices by P1 per liter, and diesel by 90 centavos per liter. Continuous roll back of oil prices continued for the fourth week, with this week’s rollback happening almost daily since Sunday, Nov. 4. Petron, Shell, Caltex, Flying V, Total, and PTT Philippines rolled back petroleum prices effective today, Nov. 6, following other […]

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President Duterte has decided to temporarily suspend 2nd tranche of excise tax on fuel, says Bong Go

(Eagle News) – President Rodrigo Duterte has decided to temporarily suspend the implementation of the additional fuel excise tax to “arrest the rising price of oil” and to tame inflation, according to Special Assistant to the President Christopher “Bong” Go. In his speech at the opening of the TienDA Malasakit Store in Taguig City on Sunday, October 14, Go said that the temporary suspension of the second tranche of the fuel excise tax would be […]

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Senate public services panel to hold hearing on effects of TRAIN law in Iloilo on Friday, May 25

(Eagle News) — Senator Grace Poe on Thursday, May 24, said she and her colleagues in the committee on public services would hold a hearing on the “domino effect” of the Tax Reform for Acceleration and Inclusion law in Iloilo on Friday, May 25. “Kailangang isipin natin kung paano mapagagaan ang buhay ng ating mga kababayan lalo na sa probinsya dahil sa pagmahal ng kuryente, tubig at bilihin at ang nakaambang pagtaas ng pamasahe,” Poe […]

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Presyo ng gasolina, diesel at kerosene, bababa sa linggong ito

MANILA Philippines (Eagle News) — Inihayag ng Department of Energy (DOE) na magpapatupad ng rollback ang ilang kumpanya ng langis sa susunod na linggo. Ito ay makaraan ang serye ng oil price hike na kanilang isinagawa sa mga nakalipas na mga araw. Sa consumer advisory na inilabas ng doe, umaabot sa Php 0.30 ang ibabawas sa halaga ng diesel at kerosene samantalang Php 0.20 naman sa bawat litro ng gasolina. Inaasahan na sa Martes ng […]

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Oil price hike expected this week

(Eagle News) — Oil companies announced a price increase in their petrol products this week. Thirty to 40 centavos per liter will be added to the present rates of gasoline, while 60 to 70 centavos will be added to diesel prices. Fifty to 60 centavos will be added to kerosene prices. This is the first oil price increase since the three-time rollback last month.

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Big oil companies hike prices on Jan. 3

MANILA, Philippines (Eagle News) —  Oil firms welcomed the new year by increasing their pump prices. Flying V, PTT Philippines, Pilipinas Shell Petroleum, Phoenix Petroleum Philippines, Unioil and Seaoil said the cost of gasoline increases by Php 0.70 centavos per liter and diesel by Php 0.60 centavos per liter starting Tuesday, January 3. Flying V, Petron and Shell also announced that the price of kerosene is up by Php 0.55 centavos per liter.

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Oil price rollback ipinatupad simula kaninang hatinggabi

(Eagle News) — Nagbawas ang Pilipinas Shell at Phoenix Petroleum Philippines ng 90 sentimos sa bawat litro ng  diesel at 40 sentimos naman para sa gasolina. Ipinatupad ng Shell ang rollback kaninang alas-dose uno (12:01) ng hatinggabi habang ala-sais (06:00) naman ng umaga Agosto 4 sa Phoenix Petroleum. Sitenta (70) sentimos naman ang ibinaba ng kerosene ng Shell. Ito na ang ikapitong beses  na sunod-sunod na rollback sa presyo ng produktong petrolyo. Ayon sa Department […]

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